The concept of a “Property Clock” is widely used as a means of determining the phase of the property market cycle that a particular property type, in a particular location, is positioned in. Whilst the property clock below can be used for all property types in all locations, we use it in reference to the Industrial Property Market in the main industrial nodes around Cape Town. The sectors on the left of the Airport Property clock represent a Landlord’s or Seller’s market, whilst sectors on the right of the property clock represent a tenant or purchasers market. The speed that clock moves is dependent on many factors that drive supply and demand, such as demographics, population growth, money supply, politics and GDP growth.